HUDSON TECHNOLOGIES INC NY
For the period ended Mar 31, 2024. Filed May 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 8, 2024
HDSN$4.43+0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
- Consolidated Statements of Cash Flows
(Amounts in thousands)
| | | | | | | |
|---|---|---|---|---|---|---|
| | Three-months period | |||||
| · · ended March 31, | ||||||
| | 2024 | 2023 | ||||
| Cash flows from operating activities: | | | | | | |
| Net income | | $9,562 | | $15,531 | ||
| Adjustments to reconcile net income to cash (used in) provided by operating activities: | | | | | ||
| Depreciation | | 744 | | 751 | ||
| Amortization of intangible assets | | 698 | | 698 | ||
| Lower of cost or net realizable value inventory adjustment | | 397 | | | 322 | |
| Allowance for credit losses | | 163 | | | 509 | |
| Share based compensation | | | 279 | | | 1,057 |
| Amortization of deferred finance costs | | 57 | | | 268 | |
| Deferred tax expense | | (853) | | | 1,357 | |
| Changes in assets and liabilities: | | | | | | |
| Trade accounts receivable | | (10,930) | | | (18,401) | |
| Inventories | | 6,294 | | | 8,047 | |
| Prepaid and other assets | | (140) | | | (1,493) | |
| Lease obligations | | | (1) | | | 1 |
| Income taxes receivable | | | 3,751 | | | 3,777 |
| Accounts payable and accrued expenses | | (10,954) | | | (1,758) | |
| Cash (used in) provided by operating activities | | (933) | | | 10,666 | |
| | | | | | | |
| Cash flows from investing activities: | | | | | ||
| Additions to property, plant, and equipment | | | (960) | | | (412) |
| Cash used in investing activities | | (960) | | | (412) | |
| | | | | | | |
| Cash flows from financing activities: | | | | | ||
| Proceeds from issuance of common stock | | 1 | | | 38 | |
| Excess tax benefits from exercise of stock options | | | (3) | | | (2) |
| Repayment of long-term debt | | — | | | (3,263) | |
| Cash used in financing activities | | (2) | | | (3,227) | |
| | | | | | | |
| Increase (decrease) in cash and cash equivalents | | (1,895) | | | 7,027 | |
| Cash and cash equivalents at beginning of period | | 12,446 | | | 5,295 | |
| Cash and cash equivalents at end of period | | $10,551 | | $12,322 | ||
| | | | | | | |
| Supplemental disclosure of cash flow information: | | | | | | |
| Cash paid for interest | | $105 | | $1,369 | ||
| | | | | | | |
| Cash paid for income taxes – net | | $102 | | $142 | ||
See Accompanying Notes to the Consolidated Financial Statements
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